As most residential stakeholders know, nonbank risk is an issue that has caught the eye of the Federal Housing Finance Agency and the Department of Housing and Urban Development because nonbanks are major counterparties to Fannie Mae, Freddie Mac as well as Ginnie Mae.

To date, Odeon has published 55 comments on the GSEs in the past 12 months…

Mortgages for co-sponsored deals are usually aggregated by the investor with a whole-loan sale flow arrangement.

Over the last two years, the average credit score on mortgages in expanded-credit MBS was 726.8.

Fannie and Freddie are poised to bring the bacon home in regard to fourth quarter earnings. Any wild cards here? Probably not.

The office market, which accounted for 26.2% of nonagency CMBS collateral last year, posted a 44.7% increase from 2018.

The $776.6 million deal follows a $430.3 million prime non-agency MBS from Chase last week.

The $699.2 million expanded-credit security tops a $681.0 million deal Invictus issued in October.

Radian bought Clayton in 2014, paying a hefty $305 million for the business, a price that many observers thought was a bit rich.

Only two banks ranked among the top agency sellers last year: Wells Fargo and JPMorgan Chase.